Which of the following is a source of long-term funds?
A) commercial paper
B) retained earnings
C) factoring
D) money market instruments
B
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Which of the following is a measure for discouraging theft for a retail store that accepts cash receipts over the counter?
A) A receipt is issued for each transaction to ensure that each sale is recorded. B) At the end of the day, the sales clerk proves the cash by comparing the cash in the drawer against the machine's record of cash sales. C) The sales clerk uses the machine tape to record the journal entry for cash receipts and sales revenue. D) The store clerk deposits the cash in the bank.
Using the following transactions, calculate (
A) the ending balance of Cash, (B) the ending balance of Accounts Receivable, (C) total liabilities, and (D) Stockholders' Equity at the end of the period. For parts a, b, and d, indicate whether each balance is debit or credit. a. Began doing business by selling shares of common stock to investors for $50,000 in cash.b. Billed customers for services rendered, $10,000.c. Paid for six months' subscription in advance, $2,500.d. Received advertising bill, to be paid next week, $500.e. Dividends of $4,000 were paid to common stock holders.f. Received $7,500 from customers billed in b.g. Paid half of advertising bill.h. Received $1,000 in advance of performing a service.
In a survey of the nonattainment areas in the state, the agency found Helmont to be the district that exceeded the ozone standard by the largest margin. Helmont is most likely to be categorized as a(n) ________ nonattainment area
A) severe B) extreme C) marginal D) serious
To be sure that all relevant aspects of work are included in the evaluation, an organization may start with a sample of benchmark jobs.
Answer the following statement true (T) or false (F)